Latvia suspends gaming licenses during covid-19 outbreak

As previously informed in the press release from April 5, 2020 the decision was expected and is based on the law “On Measures for the Prevention and Suppression of Threat to the State and Its Consequences Due to the Spread of COVID-19”. Temporary license suspension will remain effective as long as a state of emergency is declared by the government of Latvia. Currently state of emergency is until April 14, 2020. It can get prolonged depending on the development of the COVID-19 spread. Enlabs will, in accordance with instructions from LGA, temporarily suspend online operations in Latvia from April 8, 2020. Land-based operations have been closed since March 22, 2020.

Enlabs stands for Entertainment Laboratories. We are a company that creates entertainment through innovative thinking within three business areas: Gaming, Media and Solutions. The corporate group has offices in Tallinn, Riga, Vilnius, Malta, Marbella and Stockholm. The operating subsidiaries hold national licenses for their operations and the Group employs approximately 200 employees. Enlabs AB (NLAB) is listed at Nasdaq First North Growth Market with Redeye AB as Certified Adviser: [email protected], +46 (0)8 121 576 90.

For more information, visit enlabs.se

ENLABS AB is obliged to publish the above information in accordance with the EU’s Market Abuse Regulation. The information was provided by the above contact person for publication at 22:20 CET on 6 April 2020.